Rising Synthetic Fraud to Fuel Consumer Identity Verification Solutions
TransUnion partners with CreditMiner to address the spike in synthetic fraud, where bad actors build fake identities over a period of a year or more to establish false creditworthiness. Fraudsters are waging a new war with credit providers due to inflation and higher borrowing costs.
Read more on the Outsell Leadership Community Platform: Rising Synthetic Fraud to Fuel Consumer Identity Verification Solutions
Author: Will Jan
Date: August 10, 2022
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